Categories: Business

Pensions will not increase on January 1, another date announced

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More than 15 million people will suffer from this decision.

It's a hammer blow to the wallets of more than 15 million French people. While a reduction in state spending has been announced ;e for the coming months, several avenues are being explored. Among them, that of touching the finances of retirees. The government is purely and simply considering making &eacute ;savings from his elders.

Traditionally, basic retirement pensions, paid by Carsat, increase every year on January 1, by the same level as the inflation recorded during the previous year. According to the latest forecasts, the increase could therefore be around 1.6%. With an average basic pension of 860 euros, this should allow beneficiaries to receive, on average, 13.72 euros more per month, from the start of the new year. But it will not be the case.

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In an effort to save money, government services are about to freeze the revaluation scheduled for two months, Linternaute has learned with the entourage of the Minister of the Budget. On January 1, there should be no increase in basic pensions. A decision that should be made official shortly, Michel Barnier and his ministers seeking to “slow down public spending”, particularly in the “social security administrations”.

However, this does not mean that retirement pensions will not increase. Bercy's services announce that the increase should occur on July 1st and that it will be at the same level as inflation. That of 2024? That recorded from the last revaluation in May 2025? Details that remain, for the time being, without a response.

Furthermore, since the objective is to make savings, there should be no retroactivity to January 1st. Concretely, over the first six months of the year, the level of basic pensions will remain the same and no compensation payment will be made by the State. For each retiree, this represents a shortfall of 80 euros on average. And for the public treasury coffers, a saving of more than a billion euros. On the backs of those who have contributed throughout their career for their retirement. Even if all this still has to be definitively arbitrated and then ratified by the vote of parliamentarians.

Teilor Stone

Teilor Stone has been a reporter on the news desk since 2013. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining Thesaxon , Teilor Stone worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my teilor@nizhtimes.com 1-800-268-7116

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